Instant Cash Deposits with BOC Cash Deposit Machines

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The Bank of Ceylon (BOC) introduced an island-wide network of 100 Cash Deposit Machines (CDM) that allows customers to transact 24 hours a day throughout the year.

Moving away from conventional banking hours, customers can use CDM to instantly deposit cash, a total bundle of 200 notes in a mix of any denomination, into their BOC account without an additional charge. It also accepts ‘cardless' deposits made by ATM cards or fund transfers by keying debit account and the credit account numbers as per instructions displayed on the machine's graphic screen. The maximum deposit allowed with an ATM card to a customer's own account is 1 million rupees. Cash deposit to one's own account or a third party is 200,000 rupees.

The process required to operate a CDM are displayed on screen and customers receive a detailed mini-statement once the transaction is completed. The transaction can be completely paperless through the activation of SMS Alerts.

"In extending this new technology to Colombo, its suburbs and beyond Colombo, BOC fulfills its promise to be a responsible bank that looks into the banking feasibility of the whole country," stated Senarath Bandara, Deputy General Manager Sales and Channel Management.